Kestra Private Wealth Services LLC Has $49.16 Million Stock Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

Kestra Private Wealth Services LLC grew its stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 36.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 102,920 shares of the company’s stock after acquiring an additional 27,428 shares during the period. iShares Core S&P 500 ETF makes up about 1.3% of Kestra Private Wealth Services LLC’s holdings, making the stock its 5th largest position. Kestra Private Wealth Services LLC’s holdings in iShares Core S&P 500 ETF were worth $49,158,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IVV. Ledyard National Bank grew its stake in shares of iShares Core S&P 500 ETF by 5.2% in the 4th quarter. Ledyard National Bank now owns 98,099 shares of the company’s stock worth $46,855,000 after purchasing an additional 4,854 shares during the last quarter. Steele Capital Management Inc. bought a new position in shares of iShares Core S&P 500 ETF in the fourth quarter valued at $145,992,000. Fernwood Investment Management LLC boosted its stake in shares of iShares Core S&P 500 ETF by 9.3% during the 4th quarter. Fernwood Investment Management LLC now owns 24,487 shares of the company’s stock worth $11,696,000 after acquiring an additional 2,082 shares in the last quarter. Naviter Wealth LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 294.1% in the fourth quarter. Naviter Wealth LLC now owns 3,886 shares of the company’s stock worth $1,856,000 after buying an additional 2,900 shares during the period. Finally, Bluesphere Advisors LLC raised its position in iShares Core S&P 500 ETF by 2.0% during the fourth quarter. Bluesphere Advisors LLC now owns 73,295 shares of the company’s stock valued at $35,008,000 after buying an additional 1,425 shares during the period.

iShares Core S&P 500 ETF Stock Up 0.4 %

Shares of IVV traded up $1.81 during trading hours on Monday, reaching $512.58. The company’s stock had a trading volume of 3,102,384 shares, compared to its average volume of 5,811,344. The firm has a market cap of $439.08 billion, a price-to-earnings ratio of 25.43 and a beta of 0.99. The company has a 50 day moving average of $514.28 and a two-hundred day moving average of $482.51. iShares Core S&P 500 ETF has a 1-year low of $405.54 and a 1-year high of $527.16.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.